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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Wren who wrote (7675)9/5/1998 9:02:00 PM
From: Simprofié  Read Replies (1) | Respond to of 42834
 
Wren,

I have never heard him sound like this, it kind of caught my
attention. I just found this thread a week or so ago, but
was surprised that there where no comments on the show today.
Did you hear his comment about being a workin stiff, something
to that effect at the beginning and again near the end. Did not
catch it all but was rather cryptic since that signature is in
use on the other thread. Can't wait for tomorrow.

beldar



To: Wren who wrote (7675)9/5/1998 9:09:00 PM
From: stock bull  Read Replies (1) | Respond to of 42834
 
Wren, yes Brinker did spend the majority of his monolog time discussing the Greenspan speech, and he did say that he thought we still had a great buying opportunity. However, I thought that he sounded extremely upbeat today, much more so than the past few shows. He said that the market's drop that he originally forecast was for 10%, give or take a few percent. However, he said that he under estimated the foreign problems, and this was the cause for the market's dropping 19%, or so. Thus, since Bob indicated that this is still a good buying opportunity, I must conclude that the markets will turn-around and start climbing once again.

One thing that I found very interesting. Bob stated very clearly that he missed the magnitude of this downturn. His having admitted this, IMO, is a very good indication that he is once again on top of the situation. If he hadn't admitted that he had this problem, than how would one ever know if he was going to get back on the right track? My confidence in Bob has returned.

The above comments are not quotations from Bob's show. They are my comments as derived from the show.

I for one sure hope that Greenspan lowers interest rates...and soon.

Stock Bull